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According to Yonhap News, a South Korean court has rejected a request to suspend negotiations with Samsung's main union.

[Yonhap News: South Korean Court Rejects Request to Suspend Samsung's Main Union Negotiations]According to Yonhap News, a South Korean court has rejected a request to suspend negotiations with Samsung's main union.

Yonhap News: South Korean Court Rejects Request to Suspend Samsung's Main Union Negotiations

On May 26, Coindesk reported that the total market value of global stablecoins has surpassed $32.2 billion, setting a new historical record. This scale exceeds the official foreign exchange reserves of emerging economies such as Poland, Thailand, and Mexico, as well as developed economies like the UK, Canada, and the UAE. Currently, only 14 economies, including China, Japan, Russia, India, Taiwan, and Germany, have foreign exchange reserves that exceed the total market value of stablecoins.

[Total Market Value of Stablecoins Reaches Historic High of $32.2 Billion, Surpassing Forex Reserves of 95 Countries]On May 26, Coindesk reported that the total market value of global stablecoins has surpassed $32.2 billion, setting a new historical record. This scale exceeds the official foreign exchange reserves of emerging economies such as Poland, Thailand, and Mexico, as well as developed economies like the UK, Canada, and the UAE. Currently, only 14 economies, including China, Japan, Russia, India, Taiwan, and Germany, have foreign exchange reserves that exceed the total market value of stablecoins.

Total Market Value of Stablecoins Reaches Historic High of $32.2 Billion, Surpassing Forex Reserves of 95 Countries

On May 26, Huobi HTX officially launched the C2C SVIP Exclusive Station, introducing a higher standard exclusive asset service system aimed at high-net-worth users. The SVIP Exclusive Station focuses on core needs such as asset security, trading efficiency, service experience, and liquidity assurance, establishing a deterministic service system that covers the entire trading process. This further enhances the product matrix of Huobi HTX C2C, which includes the 'Classic Station - Selection Station - SVIP Exclusive Station' throughout its lifecycle, marking the upgrade of Huobi HTX C2C from a trading matching platform to an asset service system tailored for different user tiers. The newly launched SVIP Exclusive Station emphasizes six core benefits: selection of quality merchants, large transaction privileges, exclusive liquidity network, dedicated risk control support, private wealth management, and priority processing channels, providing high-net-worth users with a safer, more efficient, and stable asset circulation experience. In terms of the merchant system, the SVIP Exclusive Station further upgrades the selection criteria based on the quality merchant system of the Selection Station, continuously optimizing high-quality liquidity supply through stricter assessments of financial strength, performance capability, and risk control ability. Additionally, the platform innovatively introduces a dual verification mechanism for supply and demand, enhancing transaction credibility and overall service stability. Furthermore, in response to the higher demands of high-net-worth users for trading efficiency and service responsiveness, the SVIP Exclusive Station simultaneously establishes exclusive liquidity support and priority processing mechanisms, complemented by 24/7 private wealth management services, delivering a more professional and refined service model for users, ensuring a more certain asset service experience.

[Huobi HTX Launches C2C SVIP Exclusive Station for High-Net-Worth Users]On May 26, Huobi HTX officially launched the C2C SVIP Exclusive Station, introducing a higher standard exclusive asset service system aimed at high-net-worth users. The SVIP Exclusive Station focuses on core needs such as asset security, trading efficiency, service experience, and liquidity assurance, establishing a deterministic service system that covers the entire trading process. This further enhances the product matrix of Huobi HTX C2C, which includes the 'Classic Station - Selection Station - SVIP Exclusive Station' throughout its lifecycle, marking the upgrade of Huobi HTX C2C from a trading matching platform to an asset service system tailored for different user tiers. The newly launched SVIP Exclusive Station emphasizes six core benefits: selection of quality merchants, large transaction privileges, exclusive liquidity network, dedicated risk control support, private wealth management, and priority processing channels, providing high-net-worth users with a safer, more efficient, and stable asset circulation experience. In terms of the merchant system, the SVIP Exclusive Station further upgrades the selection criteria based on the quality merchant system of the Selection Station, continuously optimizing high-quality liquidity supply through stricter assessments of financial strength, performance capability, and risk control ability. Additionally, the platform innovatively introduces a dual verification mechanism for supply and demand, enhancing transaction credibility and overall service stability. Furthermore, in response to the higher demands of high-net-worth users for trading efficiency and service responsiveness, the SVIP Exclusive Station simultaneously establishes exclusive liquidity support and priority processing mechanisms, complemented by 24/7 private wealth management services, delivering a more professional and refined service model for users, ensuring a more certain asset service experience.

Huobi HTX Launches C2C SVIP Exclusive Station for High-Net-Worth Users

HTX data monitoring shows that BTC has broken through 77,000 USDT, currently reported at 77,011.07 USDT, with a 24H decline of 0.54%.

【BTC breaks through 77000 USDT】HTX data monitoring shows that BTC has broken through 77,000 USDT, currently reported at 77,011.07 USDT, with a 24H decline of 0.54%.

BTC breaks through 77000 USDT

On May 26, on-chain detective ZachXBT posted on his personal channel that a certain entity had previously received ESPORTS, RIVER, and LIGHT tokens through Sablier ownership contracts, which are directly linked to the signers of three multi-signature wallets of LAB. These BSC tokens have all been involved in market manipulation on centralized exchanges. ZachXBT had previously flagged anomalies with LAB and RIVER, and earlier today, the ESPORTS token experienced a flash crash, dropping 93% in a single day. The CEX deposit addresses associated with this entity and the LAB signers' addresses have been made public.

[ZachXBT: Single Entity Manipulates Multiple BSC Tokens, ESPORTS Plummets 93% in One Day]On May 26, on-chain detective ZachXBT posted on his personal channel that a certain entity had previously received ESPORTS, RIVER, and LIGHT tokens through Sablier ownership contracts, which are directly linked to the signers of three multi-signature wallets of LAB. These BSC tokens have all been involved in market manipulation on centralized exchanges. ZachXBT had previously flagged anomalies with LAB and RIVER, and earlier today, the ESPORTS token experienced a flash crash, dropping 93% in a single day. The CEX deposit addresses associated with this entity and the LAB signers' addresses have been made public.

ZachXBT: Single Entity Manipulates Multiple BSC Tokens, ESPORTS Plummets 93% in One Day

Market data shows that ETH has fallen below $2100, currently priced at $2099.65, with a 24-hour decline of 0.4%. The market is experiencing significant volatility; please ensure proper risk management.

[ETH Falls Below $2100]Market data shows that ETH has fallen below $2100, currently priced at $2099.65, with a 24-hour decline of 0.4%. The market is experiencing significant volatility; please ensure proper risk management.

ETH Falls Below $2100

On May 26, on-chain detective ZachXBT posted on his personal channel that a certain entity had previously received ESPORTS, RIVER, and LIGHT tokens through Sablier ownership contracts, which are directly linked to the signers of three multi-signature wallets of LAB. All these BSC tokens have been involved in market manipulation on centralized exchanges. ZachXBT had previously flagged anomalies with LAB and RIVER, and earlier today, the ESPORTS token experienced a flash crash, plummeting 93% in a short period. The CEX deposit addresses associated with the entity and the LAB signers' addresses have been made public.

[ZachXBT: Single Entity Manipulates Multiple BSC Tokens, ESPORTS Plummets 93% in One Day]On May 26, on-chain detective ZachXBT posted on his personal channel that a certain entity had previously received ESPORTS, RIVER, and LIGHT tokens through Sablier ownership contracts, which are directly linked to the signers of three multi-signature wallets of LAB. All these BSC tokens have been involved in market manipulation on centralized exchanges. ZachXBT had previously flagged anomalies with LAB and RIVER, and earlier today, the ESPORTS token experienced a flash crash, plummeting 93% in a short period. The CEX deposit addresses associated with the entity and the LAB signers' addresses have been made public.

On May 26, discussions regarding the regulation of crypto assets in South Africa are entering a more pragmatic phase. The South African National Treasury and the South African Reserve Bank (SARB) signaled a shift towards establishing clearer rules for cross-border digital asset activities, rather than restricting asset holding itself. In a recent statement regarding the draft 'Capital Flow Management Regulations,' the Treasury and the central bank extended the public consultation period until June 30, 2026, and clarified that the proposed rules are not intended to criminalize the holding of crypto assets, nor will they be applied retroactively. Industry experts believe this move aims to provide greater certainty for an industry that has long existed in a regulatory gray area. Regulators also indicated that a draft manual outlining the proposed cross-border crypto asset framework will be released for public consultation. This manual is expected to define the components of cross-border crypto transactions and stipulate the obligations of authorized crypto asset service providers. Mark Diuga, CEO of Bitexen South Africa, commented that this updated statement is constructive as it shifts the discussion from the fear of holding crypto assets to practical matters such as defining legitimate cross-border activities, reporting obligations, and the roles of licensed service providers.

[South Africa's Crypto Regulation Moves to Practical Stage: Clearer Cross-Border Rules Proposed, No Criminalization of Asset Holding]On May 26, discussions regarding the regulation of crypto assets in South Africa are entering a more pragmatic phase. The South African National Treasury and the South African Reserve Bank (SARB) signaled a shift towards establishing clearer rules for cross-border digital asset activities, rather than restricting asset holding itself. In a recent statement regarding the draft 'Capital Flow Management Regulations,' the Treasury and the central bank extended the public consultation period until June 30, 2026, and clarified that the proposed rules are not intended to criminalize the holding of crypto assets, nor will they be applied retroactively. Industry experts believe this move aims to provide greater certainty for an industry that has long existed in a regulatory gray area. Regulators also indicated that a draft manual outlining the proposed cross-border crypto asset framework will be released for public consultation. This manual is expected to define the components of cross-border crypto transactions and stipulate the obligations of authorized crypto asset service providers. Mark Diuga, CEO of Bitexen South Africa, commented that this updated statement is constructive as it shifts the discussion from the fear of holding crypto assets to practical matters such as defining legitimate cross-border activities, reporting obligations, and the roles of licensed service providers.

South Africa's Crypto Regulation Moves to Practical Stage: Clearer Cross-Border Rules Proposed, No Criminalization of Asset Holding

On May 26, the privacy coin sector led the decline, giving back most of the recent gains in the cryptocurrency market. According to HTX data, ZEC fell by as much as 5.2% to $619, marking the largest drop among the top 20 cryptocurrencies by market cap, although it still rose by 8.2% over the past week. Zcash has been one of the strongest performing assets in the crypto market over the past few weeks. Following Multicoin Capital's disclosure of its holdings earlier this month and the increasing narrative surrounding privacy coins, ZEC has attracted institutional interest. Analysts believe that the 5% pullback after such a rally is more akin to profit-taking rather than new selling pressure, as structural buyers of privacy coins have been accumulating during the rise rather than distributing. Hyperliquid's HYPE token briefly surpassed Dogecoin in market cap during the Asian trading session before retreating. HYPE fell by 4% to $59, while Dogecoin (DOGE) dropped 0.8% to $0.1009. Driven by the launch of perpetual contracts for SpaceX on Hyperliquid last week, HYPE still rose by 23.6% over the past week. The macro backdrop has contributed to a cautious market tone. The U.S. Central Command confirmed strikes on missile launch sites in Iran and vessels attempting to lay mines in the Strait of Hormuz, describing them as defensive actions. Brent crude oil rose nearly 2% to $98 per barrel, rebounding from a 7% plunge on Monday (when London and New York markets were closed for holidays). The dollar strengthened against all G10 currencies, gold fell 0.6% to $4,545, and S&P 500 futures maintained a 0.6% gain after the U.S. market was closed on Monday.

[Privacy Coins Continue to Attract Capital, HYPE Market Cap Surpasses Dogecoin]On May 26, the privacy coin sector led the decline, giving back most of the recent gains in the cryptocurrency market. According to HTX data, ZEC fell by as much as 5.2% to $619, marking the largest drop among the top 20 cryptocurrencies by market cap, although it still rose by 8.2% over the past week. Zcash has been one of the strongest performing assets in the crypto market over the past few weeks. Following Multicoin Capital's disclosure of its holdings earlier this month and the increasing narrative surrounding privacy coins, ZEC has attracted institutional interest. Analysts believe that the 5% pullback after such a rally is more akin to profit-taking rather than new selling pressure, as structural buyers of privacy coins have been accumulating during the rise rather than distributing. Hyperliquid's HYPE token briefly surpassed Dogecoin in market cap during the Asian trading session before retreating. HYPE fell by 4% to $59, while Dogecoin (DOGE) dropped 0.8% to $0.1009. Driven by the launch of perpetual contracts for SpaceX on Hyperliquid last week, HYPE still rose by 23.6% over the past week. The macro backdrop has contributed to a cautious market tone. The U.S. Central Command confirmed strikes on missile launch sites in Iran and vessels attempting to lay mines in the Strait of Hormuz, describing them as defensive actions. Brent crude oil rose nearly 2% to $98 per barrel, rebounding from a 7% plunge on Monday (when London and New York markets were closed for holidays). The dollar strengthened against all G10 currencies, gold fell 0.6% to $4,545, and S&P 500 futures maintained a 0.6% gain after the U.S. market was closed on Monday.

Privacy Coins Continue to Attract Capital, HYPE Market Cap Surpasses Dogecoin

According to Coindesk, Canonical Crypto, a newly opened venture capital firm, has raised $20 million for its inaugural fund to back infrastructure projects for blockchain development, with a preference for talent making the transition from Web 2 to Web 3. The fund was backed by a list of crypto heavy-hitters, including Andreessen Horowitz (a16z) partners Marc Andreessen and Chris Dixon. Other investors included Dragonfly Capital's Haseeb Quresh and several family offices. The fund has already made initial investments in several companies, including Solana-based non-fungible token (NFT) marketplace Formfunction, low-code decentralized application development platform Thirdweb, communication infrastructure provider Notifi and Solana-focused data infrastructure solution Vybe Network.

Detail

【Canonical Crypto Launches $20M Inaugural Fund Backed by Marc Andreessen, Chris Dixon】According to Coindesk, Canonical Crypto, a newly opened venture capital firm, has raised $20 million for its inaugural fund to back infrastructure projects for blockchain development, with a preference for talent making the transition from Web 2 to Web 3. The fund was backed by a list of crypto heavy-hitters, including Andreessen Horowitz (a16z) partners Marc Andreessen and Chris Dixon. Other investors included Dragonfly Capital's Haseeb Quresh and several family offices. The fund has already made initial investments in several companies, including Solana-based non-fungible token (NFT) marketplace Formfunction, low-code decentralized application development platform Thirdweb, communication infrastructure provider Notifi and Solana-focused data infrastructure solution Vybe Network.

Canonical Crypto Launches $20M Inaugural Fund Backed by Marc Andreessen, Chris Dixon

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Article

Shanghai and Shenzhen Markets Total Trading Volume Reaches 32,057.3 Billion Yuan, SMIC Leads in Trading Volume

Trump Publicly Praises Micron, Speculation of Aggressive Call Option Purchases

Canonical Crypto Launches $20M Inaugural Fund Backed by Marc Andreessen, Chris Dixon

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